On changes in the rates and charges

Riga, Latvia, December 3, 2012, 14:30 / Investments

On 1 December 2012, changes in ”Deposits, Savings Accounts and Security Account” rates and charges became effective.

Main changes:

  • Now deposits can be placed only with interest repayment at the end of the term, but deposit with monthly interest repayment will be no longer available.
  • Maximum deposit amount for which standard interest rates are set in the rates and charges are increased to LVL 500 000/ USD 1 000 000/ EUR 1 000 000. Interest rates for deposits above these amounts are determined following a specific request.
  • Due to low interest rates on deposits and savings accounts, the fee for deposit premature withdrawal and funds transfer from a savings account without advance notification has been decreased.

You can find current version of rates and charges here.

For additional information, please contact your private banker or call Client Line at +371 6777 5555.

Ilmārs Jargans
Head of Public Relations Department
+371 6777 5296